Income splitting Transfer Money To a Child

If you transfer money to a minor child and it earns capital gains instead of…

Published: March 17, 2020

Last Updated: April 13, 2020

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A Canadian Tax Lawyer’s Perspective on the Clergy Residence Deduction

Housing for the Clergy Members of the clergy can leverage their housing to reduce their…

Published: March 17, 2020

Last Updated: October 21, 2022

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Real Estate Transactions, Adventure or Concern in the Nature of Trade – Canadian Tax Lawyer Analysis

The Distinction Between Business Income and Capital Gain When a taxpayer sells real estate, other…

Published: March 17, 2020

Last Updated: April 13, 2020

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Tax Free Capital Dividends – Elections and Penalties

Tax Free Capital Dividends – Elections and Penalties – A Toronto Tax Lawyer Analysis Capital…

Published: March 17, 2020

Last Updated: October 21, 2022

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An Allowable Business Invesment Loss

An Allowable Business Invesment Loss An allowable business investment loss (ABIL) may be claimed as…

Published: March 17, 2020

Last Updated: April 26, 2021

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Notice Of Determination for Tax Loss

Notice of Determination A taxpayer who incurs a loss for Canadian income tax purposes cannot…

Published: March 17, 2020

Last Updated: April 13, 2020

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Maintain proper documentation to claim the new transit-pass tax credit

A taxpayer who uses public transit should be sure to maintain proper documentation to claim…

Published: March 17, 2020

Last Updated: April 13, 2020

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CRA’s Collection Tax Debts From Third-Parties

Introduction – CRA Collections Powers While generally speaking, Canada Revenue Agency (“CRA”) can only collect…

Published: March 12, 2020

Last Updated: April 26, 2021

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Canadian Snowbirds Should Know These US Tax Residence Rules – Tips from A Canadian Tax Lawyer

Canada is known for its long and harsh winters, so many Canadian snowbirds spend those…

Published: March 12, 2020

Last Updated: December 15, 2022

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